There is a problem with your two statements amb005, so best refrain from calling people liars.
Statement - You can say and think what you want but that doesnt change reality, and reality is I have owned IHL for years since 1.9cents and havent sold a single one from that first buy.
Statement 2 - I hold a core (the original position I bought at 1.9) and trade around this. I have not sold a single one of my original purchase, its a different account.
I think we can all draw the right conclusion here........no comment necessary.
BTW, I have a small holding left in ECS and know it well. I know Alex the CEO and had high hopes for it at one stage but as Mickey says, it isn't about revenue. Cultivation is a race to the bottom IMO and subject to horrendous margin squeeze. The large market caps are about novel IP protected drug discoveries. I have been fortunate in my investment career but I can't think of one stock where I made multi bagger returns that have had revenue. Hope ECS does well but that model is a difficult one. Will never see valuations for it that are possible with drug discovery.
- Forums
- ASX - By Stock
- IHL
- General discussion
General discussion, page-6470
-
- There are more pages in this discussion • 13,713 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)